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MSNBC
Dec 23, 2012 5:00am PST
of closed car door talks lawmakers in washington left town for the holidays on friday without an agreement to avert what we're calling the fiscal curb. a series of automatic tax increases and spending cuts to take affect a week from now. a moment this week, the two sides seemed on the cusp of a deal. that would have involved at least one major concession from president obama. to cut social security benefits. the cuts wouldn't have been direct. they would have come from a tweak to the way the social security benefits are calculated. here's how it works. right now the amount of money a retireee gets from the government gets is changed due to the index. when inflakes goes up, social security recipients see their payments go up the same amount to keep up with the cost of living. obama proposes switching to "chained cpi. "the name is opaque but the name is simple. the chained cpi rises more slow lie than regular cpi. if you yoois chain cpi to calculate social security benefits the amounts of the social security checks will rise more slowly, as well, against inflation. for about two days, this m
MSNBC
Dec 8, 2012 5:00am PST
in washington. >> i think that's the key point. you look at the history of environmental movements in this country. the american people including in red states have proved themselves willing over and over again to tax themselves to address current risks to their health, their children's health, their communities, their water supply, the air they breathe. the problem with climate to date is it's seen as a future risk, and it's coming forward. >> the politics also change -- you made this interesting point about the geography changing. we basically know how the senators from west virginia are going to vote on stuff that has to do with coal. democrat, republican, marxist, whatever. whoever you would elect from west virginia they're going to vote a certain way on coal. and the fact that we now have this incredibly distributed development because of the fracking boom means a lot of different places now are geographically playing. that goes two ways. one way is we produce more senators from the state of west virginia and how they vote. the other is we produce this broad grassroots activac
Search Results 0 to 1 of about 2